The most common form of incorporation in Belize is the International Business Company (IBC) which is similar to the Limited Liability Company in the UK. An IBC may conduct business anywhere else in the world. All IBCs incorporated under the Belize International Companies Act are exempt from taxation and high levels of confidentiality as the name and details of company directors and shareholders are not held on public record.
Once we have received all the necessary due diligence information we prepare the Memorandum and Articles of Association for your IBC. These documents along with the other incorporation documents are filed with the Belize International Business Companies Registry for approval along with all necessary fees. The Registrar will approve the documentation and issue a Certificate of Incorporation which certifies the IBC is fully registered and incorporated in Belize.
A Belize IBC is not subject to exchange control regulations, however, all profit earning activities must be conducted outside Belize.
After you have submitted the proposed company name to us we gain company name approval from the authorities in Belize within a few hours. We then present the Memorandum and Articles of Association of the company to the Registrar, a Certificate of Incorporation is then issued and your new company is incorporated.
To start the incorporation of your offshore company in Belize we require the following:
The word Limited, Corporation, Incorporated, Society Anonyme, Sociedad Anónima, Aktiengesellschaft or an abbreviation thereof, must be part of the Company name.
Only one director is required for your Belize IBC. Directors may be of any nationality. The names of directors do not appear on public record.
Only one shareholder is required, this can be the same person as the director. Shareholders may be of any nationality. The shareholder may be a person or a corporation.
You must have a registered agent and registered office in Belize - this is included in our standard company formation price.
Your company does not have to keep records in Belize and there are no requirements to file accounts or a financial statement.
From the start we will guide you on what accounting records need to be held.
Secrecy Confidentiality is one of the key benefits of the Belize International Business Company. At registration, no information whatsoever is filed on public record on the company beneficial owners, directors and shareholders. This information remains only known to the licensed Registered Agent, who is bound by the law to keep it completely confidential. The internal corporate records of the IBC as the Registry of Shareholders, Registry of Directors and the Corporate Minutes and Resolutions, are all kept by the Registered Agent and are also confidential. The only documents of a Belize IBC held on public record are the Memorandum and the Articles of Association. These documents do not contain any indication as to the actual beneficial owners, directors or controllers of the company.
Confidentiality is one of the main reasons why Belize is so attractive. The only document presented for public filing at the registry is the Memorandum and Articles of Incorporation. There is no requirement for public disclosure or annual filing of accounts under the act. This includes complete confidentiality for company shareholders and directors.
There are no minimum capital requirements, no need for audited accounts, no annual returns, no requirement for a local director or secretary and no requirement for an annual general meeting.
Provision of the Registered Office in Belize